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economy add 146,000 jobs last month. many predicted less than 100,000. the unemployment rate fell to a 4-year low of 7.7%. down from 7.9% in october. that report helped lift the dow that ended the day 81 points higher. not enough to boost the nasdaq that lost 11 points because of apple that declined 2.5%. >>> a report shows a surprising bang from the big bucks behind technology. silicone valley tech workers are creating more jobs simply by having one. >> reporter: lunchtime at the retail center in san jose can look like a race to eat with hungry workers from tech companies bringing their wallets and appetites. >> we to them a lot. deliveries, pick up orders, give them a big discount. they order from us a lot. >> reporter: a new report shows for every one high-tech job, 4.3 additional jobs and the local goods and services economy are created in the same region. >> anywhere you see concentration of high-tech workers you will see various other services pop up around them. restaurants, coffee shops, and, hair-cutting salon. various other services that worker
economy add 146,000 jobs last month. many predicted less than 100,000. the unemployment rate fell to a 4-year low of 7.7%. down from 7.9% in october. that report helped lift the dow that ended the day 81 points higher. not enough to boost the nasdaq that lost 11 points because of apple that declined 2.5%. >>> a report shows a surprising bang from the big bucks behind technology. silicone valley tech workers are creating more jobs simply by having one. >> reporter: lunchtime at...
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Dec 8, 2012
12/12
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deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does that a lot of things are possible. >>> syrian rebels are battling army units around the capital. activists say 26 people were killed in the damascus suburbs today, while 29 more were killed around the country. meanwhile, the u.s. and other officials warning against chemical weapons. syria says it would never use the chemical weapons against its own people but warns that terrorists could use it against the people. >>> and linebacker jerry brown, a dallas cowboy, a member of the team's practice squad was pronounced dead at the hospital. he was riding in a car driven by josh brent, the starting nose tackle. brent has been ar
deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does...
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Dec 6, 2012
12/12
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KICU
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treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says
treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and...
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charles: the economy is scary, but this is even scarier. not the zombies, but the government spending taxpayer money on zombies the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked bblackouts. but 's our tradition! that's rouing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. what's in your wallet? hut! [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] itoesn't. stop ptending. only flood insurance covers floods. visit floodsmart.gov/pretend to learn your risk. charles: paying for security? it could make us more financially insecure. senator tom coburn saying that homeland security has spent $35 billion in grants to make america safer. but it still can't measure if we are actuall
charles: the economy is scary, but this is even scarier. not the zombies, but the government spending taxpayer money on zombies the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked bblackouts. but 's our tradition! that's rouing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your...
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. relieves nasal congestion. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 pe
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. relieves nasal congestion. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight,...
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Dec 6, 2012
12/12
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KTVU
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treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says
treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and...
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Dec 6, 2012
12/12
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CNNW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a...
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Dec 6, 2012
12/12
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KTVU
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they say the number will not go back up any time soon because of our declining economy. >>> the dutches was released from a london hospital. this is new video of her lifing with prince william. the palace reports she is pregnant with their first child and is less than 12 weeks pregnant. the hospital is apologizing after getting tricked into diverging -- divulging her condition. they called the hospital pretending to be the queen and prince charles. the dutches nurse divulged her condition and sleeping pattern. >>> ahmed wali karzai has made harsh criticisms about the united states and that story is coming up this morning. >>> and john macphee could be released after entering you' all mall illegal -- guatemala illegally. he said he left belize to escape police persecution. >>> a man pushing another man to his death has been arraigned. he was taken to custody on tuesday. they caught the confrontation on tape monday. davis reportedly told the police, the victim would not leave me alone so i pushed him. >>> narcotics will face a minimum of 10 years in prison when he is sentenced. he was acc
they say the number will not go back up any time soon because of our declining economy. >>> the dutches was released from a london hospital. this is new video of her lifing with prince william. the palace reports she is pregnant with their first child and is less than 12 weeks pregnant. the hospital is apologizing after getting tricked into diverging -- divulging her condition. they called the hospital pretending to be the queen and prince charles. the dutches nurse divulged her...
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chars: the economy is scary, but this is even scarier. not the zombies, but the government spending taxpayer government spending taxpayer money on 5-hbut some people wondered oveabout caeine.imes. the executive director of the center for science in the public interest said, "overdoing caffeine alone is actually pretty difficult to do. someone would have to make an effort to consume 40 or so 200-mg caffeine tablets." or... about this much 5-hour energy... in a single day. we recommend... not more than two per day. yeah, when we first came out with the product... you know, i made sure of one thing. if my family wasn't going to use it... if it wasn't good enough for my family if it wasn't safe for my family... i'm not gonna put it out there. i take it almost every day. and twicwhen i play tennis. this is our criteria that we have to be safe... if we're notilling to do it ourselves... we're not asking anybody else to do it. we're not gonna sell it. so, that's our approach to safety... that is a higher standard you can get. charles: paying for
chars: the economy is scary, but this is even scarier. not the zombies, but the government spending taxpayer government spending taxpayer money on 5-hbut some people wondered oveabout caeine.imes. the executive director of the center for science in the public interest said, "overdoing caffeine alone is actually pretty difficult to do. someone would have to make an effort to consume 40 or so 200-mg caffeine tablets." or... about this much 5-hour energy... in a single day. we...
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Dec 6, 2012
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but a new forecast calls it a double-edged sword because it will drag the economy slowing growth. >> republicans have been saying that for some time. any time that you have higher taxes, it changes behavior but it also dampens the economic recovery. >> they estimated payroll growth to be between 1-2% in the next two years. it predicts unemployment rate will average 10.5% by the end of the year and then go to 9.7% next year with a jobless rate of 8.4% in 2014. >> i think it's an oversimplification. >> an economist who is school finance consultant. he says it doesn't take into account if they rejected prop 30 six billion in cuts mostly to public education. he thinks californians want to trade short term growth for an investment in kids. >> we would have been looking at shortening the school day further, more kids out the streets. that is exactly what the voters didn't want to see. >> for job seekers, to see any slowdown in hiring, even for a good reason is frustrating. >> i look for about a year and a half. everything, i don't know how people survive on it. it's tough. i don't know how
but a new forecast calls it a double-edged sword because it will drag the economy slowing growth. >> republicans have been saying that for some time. any time that you have higher taxes, it changes behavior but it also dampens the economic recovery. >> they estimated payroll growth to be between 1-2% in the next two years. it predicts unemployment rate will average 10.5% by the end of the year and then go to 9.7% next year with a jobless rate of 8.4% in 2014. >> i think it's...
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economy $1 bi=es; a day in lost trade. the union jobs claims jobs being shipped overseas. the port says it's offering clerks lifetime job security. >> let's go to job security. state lawmakers deciding how to dole out money to help schools become more energy efficient. and what's happening now that prop 39 is lone. >> we want to be first in line. >> the principal is pleading his case to give the campus some of the new retro fit money. 7% of the public schools are more than 25 years old and in need of the funding badry. >> if we can look at energy efficiently, you're having savings year over year. and will have more money. >> more than 10,000 public schools together spent $700 million a year on energy. that is how much they spent on supplies. thanks to vote who approved proposition 39 last month, disadvantaged schools will be able to pay for energy retro fits of the proposition 39 closes a loophole that mostly benefited out of state corporations. it's a funding boost for the state. half goes to general fund. other half to energy needs of schools. >> that old putty around th
economy $1 bi=es; a day in lost trade. the union jobs claims jobs being shipped overseas. the port says it's offering clerks lifetime job security. >> let's go to job security. state lawmakers deciding how to dole out money to help schools become more energy efficient. and what's happening now that prop 39 is lone. >> we want to be first in line. >> the principal is pleading his case to give the campus some of the new retro fit money. 7% of the public schools are more than 25...
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Dec 5, 2012
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. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim axle rod cbs news west new york new jersey. >> where in the world is john macafy. why he high tailed it to a luxury resort to try and clear his name. >>> plans to build a little dog, at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation, sensational rel
. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim...
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Dec 5, 2012
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KPIX
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. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim axle rod cbs news west new york new jersey. >> where in the world is john macafy. why he high tailed it to a luxury resort to try and clear his name. >>> plans to build a little dog park turned into an epic fight in one bay area city. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. fire. and in this case, bushels of pot, as well. a two-alarm house fire in te haight led police to a s
. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim...
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Dec 7, 2012
12/12
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say the country son the right track and majority think it's likely president obama will improve the economy. >>> oakland airport food service workers are threatening to strike during one of the busiest times of the year. union members picketed at the port of oakland yesterday on behalf of nonunion workers who say they have been mistreated for trying to organize. one woman complained she was fired for complaining about working conditions. >> who is going to support me? i have to pay more rent. i have to pay my food. >> union members want airport contractor to address nonunion workers complaints. they also want a new contract and want both by december 17th or they may go on strike. >>> 4:34 right now. bart is giving military veterans a leg up. the board of directors approved a new hiring policy yesterday. it gives veterans a 5% chance over other perspective workers. veterans must have six months of active status and honorable discharge and they must also pass is a new exam. >>> survivors of the attack on pearl harbor will be honored today in alameda. today is the 71st anniversary of the trage
say the country son the right track and majority think it's likely president obama will improve the economy. >>> oakland airport food service workers are threatening to strike during one of the busiest times of the year. union members picketed at the port of oakland yesterday on behalf of nonunion workers who say they have been mistreated for trying to organize. one woman complained she was fired for complaining about working conditions. >> who is going to support me? i have to...
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Dec 5, 2012
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KTLN
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the main economy here, child prostitution. tragically pedophiles from around the world arrive daily to take advantage. >> but what are you going to do when you're done with your coffee? >> reporter: but the pink room is showing how agape international is helping girls who are rescued. they wanted to tell their stories. >> we focused on hope, and we focused on restoration. it's not about just talking about how bad the problem is and everything, but it really sets itself apart because it is about solutions and it is about hope. people are crying tears of joy, rather than tears of depression and frustration. >> reporter: "the pink room" shows how the agape administration rebuilds young lives. after watching her brothers and sisters go hungry, she decided at age 14 to enter a brothel. she quickly found herself trapped in torture and bondage, but when she arrived at the agape home, she found a new world, beginning with a princess ceremony. >> they hear from their costumers, i love you, and they're like, yeah, i've heard that before
the main economy here, child prostitution. tragically pedophiles from around the world arrive daily to take advantage. >> but what are you going to do when you're done with your coffee? >> reporter: but the pink room is showing how agape international is helping girls who are rescued. they wanted to tell their stories. >> we focused on hope, and we focused on restoration. it's not about just talking about how bad the problem is and everything, but it really sets itself apart...
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Dec 8, 2012
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just because the economy couldn't take it at this stage. we've had relatively slow growth in the economy, and though it seems to be picking up and the last jobs report was quite favorable, having a crash austerity program right now, that's what the fiscal cliff is, would be a big mistake. so the two sides have to get together on this grand bargain. >> well, we certainly hope they do. alice rivlin, thank you very much. >> you're welcome. >>> switching gears now. what is the future for the pop star psy? he may have the most popular video in the history of youtube, but an old video surfaced for the rapper calling for the death of american troops. we'll explain next. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 an
just because the economy couldn't take it at this stage. we've had relatively slow growth in the economy, and though it seems to be picking up and the last jobs report was quite favorable, having a crash austerity program right now, that's what the fiscal cliff is, would be a big mistake. so the two sides have to get together on this grand bargain. >> well, we certainly hope they do. alice rivlin, thank you very much. >> you're welcome. >>> switching gears now. what is the...
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Dec 10, 2012
12/12
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FOXNEWS
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republicans say it will hurt the economy. congressman tom price out of georgia saying quote, the tax on medical devices harms america's ability to conduct necessary research and development maintain our global competitiveness resulting in loss of tens of thousands of jobs and fewer groundbreaking innovations in this field. with millions of americans unemployed this simply makes no sense. stephen moore, senior writer for "the wall street journal." how are you doing, steve? good morning. >> hi, bill. bill: they're saying 43,000 jobs because of this. what, a latex glove gets taxed? i thought it was just like on mri machines and big items like that? >> actually, no. thank you for doing this segment because a lot of americans don't realize when the president calls for all the new taxes in the fiscal cliff negotiation, mr. president we already have a big tax increase that will hit on january 2nd. that of course is the obamacare taxes. you mentioned one of them, the tax on medical devices and medical equipment, bill, which i agree w
republicans say it will hurt the economy. congressman tom price out of georgia saying quote, the tax on medical devices harms america's ability to conduct necessary research and development maintain our global competitiveness resulting in loss of tens of thousands of jobs and fewer groundbreaking innovations in this field. with millions of americans unemployed this simply makes no sense. stephen moore, senior writer for "the wall street journal." how are you doing, steve? good...
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FOXNEWSW
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also throw into the mix the economy there. the economy in egypt is suffering terribly. today alone the stock market is down another 4.6%. the egyptian currency is at an eight-year low. those factors may be contributing to why at least now the egyptian president has decided to speak out. we will have to wait and see if there is any compromise in the works. >> we shall see. david lee miller live in our newsroom. i can tell you what happened so far in this speech. the egyptian president said among other things that the will of the people cannot be expressed boo i angry crowds in the street. but in fact the polls indicate and the word from the people is that's exactly what is happening. the egyptian president mohamed morsi from the muslim brotherhood is speaking live on egyptian television. should anything of significance come out of it we will bring it to you. >>> the software tycoon wanted in the murder of a neighbor has asked for asylum, but instead he is in jail. it has not stopped him from blogging about his adventures. the latest from john mcafee of mcafee software fa
also throw into the mix the economy there. the economy in egypt is suffering terribly. today alone the stock market is down another 4.6%. the egyptian currency is at an eight-year low. those factors may be contributing to why at least now the egyptian president has decided to speak out. we will have to wait and see if there is any compromise in the works. >> we shall see. david lee miller live in our newsroom. i can tell you what happened so far in this speech. the egyptian president said...
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Dec 6, 2012
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WTTG
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they say that increase is due to job loss, the economy, high cost of housing and a number of other issues. the agency says volunteers are essential in helping them fill those needs. >> different members of our organization are used to giving back mentoring. we just wanted to do something as a collective group to show we care about the community. >> reporter: the food bank distributes 500,000 pounds of each a week. they say they couldn't help the thousands in need if they didn't get the help they need from the volunteers. >> to be able to give something of our time to help people who are in need is what's critical and you see it every day as you're driving to work. you see people in need. you're going to work. you need to take the time to volunteer and give something to the community. >> we invite you to join us this friday at the following giant food locations, brentwood, montrose crossing, greenbrier and hyattsville. you can find all the stores on our website. go to www.myfoxdc.com. >>> coming up next the push into your private life, what law enforcement agencies are asking cell phone co
they say that increase is due to job loss, the economy, high cost of housing and a number of other issues. the agency says volunteers are essential in helping them fill those needs. >> different members of our organization are used to giving back mentoring. we just wanted to do something as a collective group to show we care about the community. >> reporter: the food bank distributes 500,000 pounds of each a week. they say they couldn't help the thousands in need if they didn't get...
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Dec 6, 2012
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CNBC
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the economy is strong. it's going to get stronger. >> what evidence do you have these guys are not just going to go over the fiscal cliff? we heard tim geithner on this program yesterday when steve asked him, look f you don't get what you want, do we go over the fiscal cliff? he said absolutely. >> he said he would do it! >> what happens when we wake up january nd, we go over the cliff, and the world doesn't end? >> that is so irresponsible. >> you have to be a long-term investor. long-term stocks have outperformed bonds. >> with all do respect, george, are you one of those come play september investors larry is referring to? >> i'd say we're opposite of that. we never take anything for granted, but we bet accordingac. bonds are trouble. a lot of people are going to lose a lot of money in bonds. you have to be prepared for that. interest rates are going to go up. dividends are going to continue to increase. the economy in this country is strong. it's going to get stronger. >> even at 44% dividend tax? >> it
the economy is strong. it's going to get stronger. >> what evidence do you have these guys are not just going to go over the fiscal cliff? we heard tim geithner on this program yesterday when steve asked him, look f you don't get what you want, do we go over the fiscal cliff? he said absolutely. >> he said he would do it! >> what happens when we wake up january nd, we go over the cliff, and the world doesn't end? >> that is so irresponsible. >> you have to be a...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. >>> we're back with tonight's outer circle where we reach out to our sources around the world and we go to cairo where three advisers to president mohamed morsi have stepped down as violence has intensified. demonstrators set fire to oofss of the muslim brotherhood. reza is in cairo. >> reporter: president morsi thought he was going to have a cake walk to the nationwide referendum on december 15th on the co
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ]...
SFGTV2: San Francisco Government Television
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Dec 3, 2012
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let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals that are younger and are energetic and they come from all over the world. we have to make sure our education system lifts them to their highest aspirations. when the society ages, it tends to -- it declines. that is the big demographic imperative. i was reviewing one of my favorite books on the roman republic. how did this village on the tiber grow to be the absolute leader of the known world in a few hundred years? it expanded its territory by plunder, by what ever. details. it was not pretty. [laughter] it added people, it kept getting bigger and incorporated the p
let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals...
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they chose in a weak economy in 2010 not to do that because they knew that would hurt the economy. quite frankly, we have the same economy now that we had two years ago. consumer confidence is up, but total gdp growth has done down the last two years slightly but continuing to go down. we're not in a better spot right now to raise taxes like two years ago. >> tom coburn is talking about getting the rates up for the top 2%. here he is on abc news. just want to play it. >> okay. >> sorry. i'll read it to you. it's a graphic. we have no leverage on that, so whether we want taxes to go up or not, they're going to. we can't stop it from happening. the real elephant in the room is entitlements. taxes go up at the beginning of the year if you don't do a deal. the only deal is have them go up on fewer people than they otherwise would. that seems to be something that a republican would -- you don't have a lot of leverage? >> that's the challenge dealing with democrats like howard dean and others that say let's raise it on everybody. that creates this situation where we haves in a bad idea.
they chose in a weak economy in 2010 not to do that because they knew that would hurt the economy. quite frankly, we have the same economy now that we had two years ago. consumer confidence is up, but total gdp growth has done down the last two years slightly but continuing to go down. we're not in a better spot right now to raise taxes like two years ago. >> tom coburn is talking about getting the rates up for the top 2%. here he is on abc news. just want to play it. >> okay....
SFGTV2: San Francisco Government Television
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Dec 5, 2012
12/12
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the economy is somewhat under $2 trillion. there is dynamic wealth creation in many respects. since the time i was last governor, a lot of people and businesses have moved elsewhere or the have died, gone out of business. also, a lot of people have moved here by the millions. we have 38 million people. people thought the green was here a and we have -- and we have all kinds of businesses. twitter, google, zynga, it is pretty incredible. what has happened. a lot of things going on. our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was excess. because the money flows in in a regular amounts, when money is good, everybody feels good. when $14 billio
the economy is somewhat under $2 trillion. there is dynamic wealth creation in many respects. since the time i was last governor, a lot of people and businesses have moved elsewhere or the have died, gone out of business. also, a lot of people have moved here by the millions. we have 38 million people. people thought the green was here a and we have -- and we have all kinds of businesses. twitter, google, zynga, it is pretty incredible. what has happened. a lot of things going on. our budget,...
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. >>> and breaking news on the economy this morning. 146,000 jobs were added while the unemployment rate fell to 7.7%. superstorm sandy was a small factor. >>> also weighing on job creation, the looming fiscal cliff at year's end. aides to president obama and house speaker john boehner, sitting down on thursday. but no progress was made. the sticking points, tax rates for wealthy americans, a possible lifting of the nation's debt ceiling and cutting spending on entitlements. >>> and in yet another bizarre twist in the bizarre saga of software tycoon john mcafee. mcafee was rushed to the hospital thursday from a detention center in guatemala city, after complaining of chest pains. he's now back in his cell and could be send back to belize, where police want to question him about the murder of his neighbor. >>> now, here's diane sawyer with a preview of tonight's "world news." diane? >> so, josh, it's friday. it's great to talk to you. and how about a holiday tradition for years? everybody wondering, what happened to the determined little boy they loved? well, he's all grown up. and he has
. >>> and breaking news on the economy this morning. 146,000 jobs were added while the unemployment rate fell to 7.7%. superstorm sandy was a small factor. >>> also weighing on job creation, the looming fiscal cliff at year's end. aides to president obama and house speaker john boehner, sitting down on thursday. but no progress was made. the sticking points, tax rates for wealthy americans, a possible lifting of the nation's debt ceiling and cutting spending on entitlements....
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they believe the economy added fewer than 100,000 jobs last month. some think that that number could be fewer than 50,000. they say companies may be waiting to see if we plunge off the fiscal cliff before hiring more employees. economists say superstorm sandy also likely slowed job growth last month. negotiations on a budget deal will continue today. meanwhile, president obama says a northern virginia family is proof that a deal must get done before the end of the year. he met with tiffany and richard santana yesterday. the middle class couple is living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> at first it was just that white house.gov was going to come and get a little more information about our story, and we really thought it was going to be that, just white house.gov coverage. as the days went on, we understood that that senior white house officials was the white house official. so it was pretty exciting for us. >> president obama and lawmakers now have le
they believe the economy added fewer than 100,000 jobs last month. some think that that number could be fewer than 50,000. they say companies may be waiting to see if we plunge off the fiscal cliff before hiring more employees. economists say superstorm sandy also likely slowed job growth last month. negotiations on a budget deal will continue today. meanwhile, president obama says a northern virginia family is proof that a deal must get done before the end of the year. he met with tiffany and...
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Dec 10, 2012
12/12
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CNNW
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first, let me tell you what's going right in the economy for consumers. there's a whole host of things. the job markets, 7.7% unemployment, the lowest in four years. you've got the housing market showing signs of recovery. rising home values in much of the country. gas prices, did you notice? they're down 46 cents over the past couple of months. they're expected to keep going lower and the dow is up 20 points now. the dow is above 1,300 and the s&p 500 is up 12% this year. so, what could go wrong? fiscal cliff. this is something weighing op consumer sentiment and we're starting to see it in the weekly -- look at this -- 39% said it would affect it some. they don't seem to have much faith in congress to fix it and any time except 11th hour and maybe a week into the new year and there's this payroll tax holiday that most people have been enjoying now for well over a year. almost two years now. it's about 20 for somebody who earns say $50,000, but they're getting extra because the payroll tax deduction has been changed a little. they're getting a break on th
first, let me tell you what's going right in the economy for consumers. there's a whole host of things. the job markets, 7.7% unemployment, the lowest in four years. you've got the housing market showing signs of recovery. rising home values in much of the country. gas prices, did you notice? they're down 46 cents over the past couple of months. they're expected to keep going lower and the dow is up 20 points now. the dow is above 1,300 and the s&p 500 is up 12% this year. so, what could go...
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Dec 7, 2012
12/12
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CNNW
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if the economy is growing sharply, then if there's some damage from lifting the top rate, maybe the economy could afford it. gdp growth number is not as strong as the jobs report f we had a really weak jobs report, the president would have a really hard time, even getting moderate democrats, to increase the marginal rate. the fact that it's a strong report puts wind in his sails. >> kevin, you've touched on it a little bit. can you be more specific about what you think we're missing from today's report? >> well, i think that what's missing from the report, if we're looking at the health of the overall economy, is that businesses are really pessimistic right now. we've had five months in a row where the orders for capital goods have been going down and, in fact, going down sharply. very often business investment is the thing that turns down right before you have a recession. we have this very dissident set of data. solid jobs report that looks like the trend we saw this year is continuing but we've got businesses holding back, probably in part because of the uncertainty over the fiscal cliff
if the economy is growing sharply, then if there's some damage from lifting the top rate, maybe the economy could afford it. gdp growth number is not as strong as the jobs report f we had a really weak jobs report, the president would have a really hard time, even getting moderate democrats, to increase the marginal rate. the fact that it's a strong report puts wind in his sails. >> kevin, you've touched on it a little bit. can you be more specific about what you think we're missing from...
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the fiscal cliff potentially sending the economy into recession. the fear of the cliff. is that putting a veil over your eyes and pretending you seeing good news that could make better trades for your portfolio? you need to see the forest for the trees. to help do that, liz saunders in a fox business exclusive, charles schwab's vice president and chief investment strategist. what is the biggest mistake that the investor is making right now as it pertains to navigating that very rocky fiscal cliff landscape? >> they are trying to trade around perceived outcomes. that is fairly treacherous. we don't get a sense that a lot of investors are doing that -- [talking over each other] liz: there were buying in on the dips because they are trading around he headlines. >> there's a lot of tax related strategy happening right now, many of which make a lot of sense, but i have asked the question of loss, what would you put money on a particular outcome? i wouldn't. that is a dangerous strategy. >> one scenario could be as damaging as another. we can gain that at this point, what shou
the fiscal cliff potentially sending the economy into recession. the fear of the cliff. is that putting a veil over your eyes and pretending you seeing good news that could make better trades for your portfolio? you need to see the forest for the trees. to help do that, liz saunders in a fox business exclusive, charles schwab's vice president and chief investment strategist. what is the biggest mistake that the investor is making right now as it pertains to navigating that very rocky fiscal...
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Dec 5, 2012
12/12
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CNBC
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why would a 200-month tax raise destroy the economy but spending $200 a month on a smartphone somehow doesn't? >> because of the aggregation problem. if you just look at one person it doesn't look so bad. but when you sum it up across 300 million americans and you factor in that 70% of our gdp is consumer spending, in europe it is about 55% so we're more dependent on the consumer for our growth -- then you understand why the congressional budget office -- i don't think they've ever done this before -- is actually predicting a recession if we go over an stay over the cliff. so for any one person, it might not be that big a deal -- although when you think about $2,000 over the course of a year for a family whose median income is about $5,000, that starts to sound like real money, too. but when you aggregate it up, you're really looking at a recession probably if we go over an stay off the cliff, unemployment reverses course, goes up to 9%, really ugly stuff. >> nifk cocole, does the averag american really understand what's going on? how much of this impact do they understand right now?
why would a 200-month tax raise destroy the economy but spending $200 a month on a smartphone somehow doesn't? >> because of the aggregation problem. if you just look at one person it doesn't look so bad. but when you sum it up across 300 million americans and you factor in that 70% of our gdp is consumer spending, in europe it is about 55% so we're more dependent on the consumer for our growth -- then you understand why the congressional budget office -- i don't think they've ever done...
SFGTV2: San Francisco Government Television
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Dec 5, 2012
12/12
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businesses are the lifeblood of our economy. over the past few years, i have helped to eliminate dozens of fees that have been nickeling our small businesses to death. i have been pushing for more stimulus from city contracts. in the past, those would be awarded mostly to non-san francisco businesses. san francisco needs to do a better job of cultivating business innovation. we need to be the city that competes with silicon valley to attract clean tech, biotech companies. we can do a better job of nurturing creative industries. we need to create a better economy for our local artists. this is a city that has many thousands of small businesses. as someone who used to run a small business, the city can do a much better job of nurturing that sector. that is part of the life blood of who we are as san franciscans. >> we could do better. are we on the right track? >> i think we are in a transition right now. we have an interim mayor and a new board of supervisors. i do think we have a new tone at city hall to move things forward. we
businesses are the lifeblood of our economy. over the past few years, i have helped to eliminate dozens of fees that have been nickeling our small businesses to death. i have been pushing for more stimulus from city contracts. in the past, those would be awarded mostly to non-san francisco businesses. san francisco needs to do a better job of cultivating business innovation. we need to be the city that competes with silicon valley to attract clean tech, biotech companies. we can do a better job...
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Dec 7, 2012
12/12
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economy. it's part of the -- we want to do it for growth and jobs. to work in transport sector -- and it's very, very important for europe, also for our investment. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>> medical marijuana is already legal in several states in the united states. now, voters in washington state and colorado have ok'd the recreational use richard branson says yes. >> simply proposed with the harder drugs is do what portugal has done and that is, you know, let the state set up clinics throughout america that if you have a drug problem, you go to that clinic. give them the methodone until they're ready to come off, and when they're ready, you use a drug clinic that costs one-third of the price of a prison m
economy. it's part of the -- we want to do it for growth and jobs. to work in transport sector -- and it's very, very important for europe, also for our investment. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>>...
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Dec 5, 2012
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do we know how much damage this did to the economy? >>reporter: some of the damage never will be truly known because of the small businesses affected, the drivers that would have been here and stopped for lunch or breakfast and the drive across country would have stopped. there are some ships here but there are docks not totally full and a lot of empty ships, and they will be loaded today. a lot of them have been unloaded. the mayor here says no matter what happened, this was expense i. >> this cost the country about $8 billion, somewhere in the neighborhood $8 billion and 10,000 people were out of work but we shot a deal. people are going back to work. that is the good news. >>reporter: the big stores in the larger locations could get stuff late you forget there are a lot of smaller people, the guys at the smaller produce market would may have lost money. their stuff was sitting offshore or waiting to be loaded on and sat here for eight days. >>trace: thank you, adam. the millionaire software company founder wanted for questioning in
do we know how much damage this did to the economy? >>reporter: some of the damage never will be truly known because of the small businesses affected, the drivers that would have been here and stopped for lunch or breakfast and the drive across country would have stopped. there are some ships here but there are docks not totally full and a lot of empty ships, and they will be loaded today. a lot of them have been unloaded. the mayor here says no matter what happened, this was expense i....
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. >>> today we could see the impact, the threat the fiscal cliff is having on our economy, even before the end of the year, the labor department will release its november jobs report this morning. many economists believe fewer than 100,000 new jobs were created this month. that may be because companies are waiting to hire more companies until after the financial crisis is resolved. superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an extended family. we have two sets of adult incomes in our home. it would be more like a $4,000 tax increase for us, which would be relatively devastating for our family. i wanted to share that with the white house. i wasn't sure i was goin
. >>> today we could see the impact, the threat the fiscal cliff is having on our economy, even before the end of the year, the labor department will release its november jobs report this morning. many economists believe fewer than 100,000 new jobs were created this month. that may be because companies are waiting to hire more companies until after the financial crisis is resolved. superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate...
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Dec 6, 2012
12/12
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of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousand of e-mails in the case have been reap leased. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began specifically talking and fantasizing about killing a lot of people. his psychiatrist was so worried that she broke confidentiality and then contacted campus police. >>> here in new york, a suspect has been charged with murder for shoving a man to his death on the subway tracks. police say, 30-year-old, naim davis admitted to pushing the victim after the two argued on the platform. the judge denied davis bail. he admitted to police he stayed on the platform watching the man get struck by the subway. >>> the lo
of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousand of e-mails in the case have been reap leased. messages indicate holmes may have had a...
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that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to raise taxes on the wealthy. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another historic first in washington overnight. it is now legal to buy and possess pot. the law, though, bans public use of marijuana, like drinking in public. and it's against the wall to sell pot. the state is trying to work out a system to license growers. >>> and
that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to raise taxes on the wealthy. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid...
SFGTV2: San Francisco Government Television
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Dec 5, 2012
12/12
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SFGTV2
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help us bring more people into the economy, to the wonderful city of san francisco. * make sure that their lives are respected with dignity and with the prosperity this city has to offer. thank you for being here in this wonderful, wonderful city of san francisco. (applause) >> thank you, mayor lee. that was beautiful. it's now my pleasure to introduce mayor willie brown who is an iconic figure in our city. and as mayor lee said, the first african-american mayor of san francisco. it is such an -- and a very close friend of mayor moscone. so, it's my pleasure to introduce mayor brown. (applause) >> ann, thank you very much. mr. mayor, members of the boards of supervisors, assemblyman ammiano, [speaker not understood], moscone family, gay men's course, and all of you who are assembled herein, as i look around, i absolutely know that i had probably the greatest pleasure, other than the moscone children, of literally living with george moscone for so many years. mr. mayor, it was when we were in law school together, we were fellow janitors at hastings college of law. george moscone was a
help us bring more people into the economy, to the wonderful city of san francisco. * make sure that their lives are respected with dignity and with the prosperity this city has to offer. thank you for being here in this wonderful, wonderful city of san francisco. (applause) >> thank you, mayor lee. that was beautiful. it's now my pleasure to introduce mayor willie brown who is an iconic figure in our city. and as mayor lee said, the first african-american mayor of san francisco. it is...
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Dec 6, 2012
12/12
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FOXNEWSW
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our whole analysis of the economy is correct. we need massive spending decreases, and they've got to stick with that. if they can get decent spending increases and have to agree to additional revenue, fine. if they get pushed in the position the president is trying to push them, they stick with their principles, you know, and a year and a half from now go to the electorate with that. it worked in 10. it will probably work in 14. it will be a shame because it will do a lot of damage to our economy in between, but the president has that really on his shoulders. he's the leader. >> greta: mayor, thank you, sir. >> thank you. >> greta: breaking news out of syria. the syrian government mixing components for the deadly sarin nerve gas. the ranking democrat on the house intelligence committee joins us. nice t to see you. >> disturb disturbing news. it's been disturbing for a long period of time. assad killing his own people, but if he does this, i don't think there's any country in the world that really would approve of killing your peo
our whole analysis of the economy is correct. we need massive spending decreases, and they've got to stick with that. if they can get decent spending increases and have to agree to additional revenue, fine. if they get pushed in the position the president is trying to push them, they stick with their principles, you know, and a year and a half from now go to the electorate with that. it worked in 10. it will probably work in 14. it will be a shame because it will do a lot of damage to our...
SFGTV: San Francisco Government Television
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Dec 5, 2012
12/12
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SFGTV
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for over 70 years my family has contributed to this economy through taxes, real estate taxes,cq) :x sales taxesej@ñ and i'm here to speak on behalf of the community sponsored radio station kpoo, who as youpjpfk know, broadcasts the board ofcejpó supervisors meeting,b? mar you know, you used to work there, free of charge lot of91 for over 32 years. it was founded by joe0kf ejy now theyl%(rs even had their own phone line which they hadf%(@ to disconnect just recently because they're running out of funds. now, it came to the public's attention that $15 million were found. so we're feeling that it's about time that thisinnÑiÑ world-class city share the wealth with kpoo. their people came out, they volunteer mar, you know that, they don't get paid for that. in fact one of theg"(d come out, donald lacy he lost his daughter to homicide. this is victim homicide victim survivors month. and he voluntarily did that. and during the time that they were tryingnÑá$ to tar and feather elected sheriff mirkarimi marvin dimlyq a+rÑ passed. and there was no adjourning[j in his memory. i thought -- i t
for over 70 years my family has contributed to this economy through taxes, real estate taxes,cq) :x sales taxesej@ñ and i'm here to speak on behalf of the community sponsored radio station kpoo, who as youpjpfk know, broadcasts the board ofcejpó supervisors meeting,b? mar you know, you used to work there, free of charge lot of91 for over 32 years. it was founded by joe0kf ejy now theyl%(rs even had their own phone line which they hadf%(@ to disconnect just recently because they're running out...